In commercial multifamily real estate, there’s a language that is spoken when you are connecting with brokers, property managers and other investors in the profession. To avoid sounding like a novice, an investor must be fluent with the real estate terminology to be taken seriously. Let’s take a minute to breakdown one of those terms.
The plan of action for selling the apartment community at the end of the business plan.
- Part of the cycle for investors is to know the exit strategy.
- Steven Covey’s principal, “start with the end in mind.”
- Have a plan in place to exit after your holding period.
By learning these concepts and terms, you’re separating yourself from the novice investor looking to be more active than passive. Here’s where you can learn more multifamily investing terms.
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